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Professional Indemnity
News Analysis
Briefing: ‘Tis the season to be jolly?
Macroeconomic circumstances have buffeted the UK general insurance market in recent years – that trajectory looks set to continue as 2024 comes to a close and pressure points still pinch firms
News
Small business insurtech announces new PI product
’We want to unite UK businesses to help them grow and share in our profits,’ says chief executive
News
RSA unveils new PI product for climate consultants
’With climate, sustainability and net zero considerations growing in importance to all organisations, we believe there is strong demand and desire for this type of product,’ says UK head of PI
News
PI-focused MGA wins long-term capacity deal with specialty insurer
’This transition marks a meaningful step forward, enabling us to continue delivering the stability and tailored support our brokers and insureds count on as we grow,’ says chief executive
News
MGA warns of ‘huge’ safety problems for tall buildings after Dagenham blaze
’A large proportion of the affected buildings are yet to be remediated, leaving thousands of people facing these risks every day,’ says underwriting manager
IT Interview
Ramesh Singh: ‘Watch this space’ as Aviva bolsters financial lines with new talent
The industry should ‘watch this space’ for developments in financial lines, says underwriting director
News
Independent broker gets new owners
’It will be business as usual for the most part, however, we are always looking for new and exciting products [or] insurers to add to our panel,’ says new owner
IT Interview
Paul Howley: From account executive to startup broker
’I have a family to look after as well, therefore it was difficult to just start from scratch,’ says managing director
News
RightIndem names new chief strategy officer
’It’s a well-deserved achievement,’ says chief executive
News
Former account executive launches new broker
’It takes hard work and commitment, but it is well worth doing,’ says founder
IT Interview
Tom Downey: Pen Underwriting plans to use M&A to build ‘a much more specialist, niche business’
Chief executive strives for MGA to be ‘magic in the middle’ between capacity partners and brokers as it looks to hit £1bn GWP by year-end
News
Ecclesiastical reignites schemes partnership with insurance broker
’We did our due diligence to find the right partner for us,’ says operations director
News
New creatives scheme announced for recently launched broker
’My team and I have launched something new and exciting that will help creative freelancers buy the insurance they need,’ says founder
News
PI-driven law firm closures fall to lowest level since 2019
’Law firms will be very glad that PI premiums appear to have begun to soften,’ says partner
News Analysis
Will insurers swipe right on covering dating apps’ unique risks?
Insurance brokers might hesitate to provide coverage for dating apps because understanding the ’unique risks associated with these apps’ often necessitates the ’expertise of a specialist technology broker,’ says head of tech, media and intellectual property
News
Backchat: Mark Huxley to play ‘pivotal role’ at new insurance agency
’I will be able to play a pivotal role with the board to ensure they meet their strategic ambitions,’ says appointee
News
Brunel launches new PI broker
’We believe we can create a business that employees are proud to work for,’ says managing director
News Analysis
MGA learnings for 2023 and missions for beyond
Three MGAs discuss broker relationships, HNW exits and a ‘steep learning curve’ in the professional indemnity market
News
Backchat: Santa gets jolly well insured by Lloyd’s of London
Parcel piracy is an ‘interesting risk’ for Santa, but it’s ’not the biggest’, says Insurance Museum trustee
The Insurance Times Five Star Rating Report is the first at-a-glance guide to insurer experience, created for brokers by brokers.
The ratings distil the key findings of the well-established Broker Service Survey into an indispensable tool to help brokers select the right insurer for their clients. Insurers are rated on the experience they offer to brokers using an easy to understand Five Star system, with the best insurers in the market receiving a coveted Five Star rating.
View the 2023 Commercial Lines Report
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